9 ASX 200 stocks hold their AGMs this week. What are Macquarie's price targets?

Are any of these ASX 200 stocks on your radar?

Management presents the ASX company earnings report to shareholders at an AGM.

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Key points

  • AGM season offers insights into ASX 200 companies' progress.
  • Commonwealth Bank of Australia, set for its AGM on 15 October, has seen a 10% share increase this year, though Macquarie gives it an underperform rating with a $106 target.
  • Multiple AGMs will be hosted on 16 October, including ARB Corporation , Aurizon Holdings, Charter Hall Long WALE REIT,  Imdex, Stockland, and Treasury Wine Estates.

Annual General Meeting (AGM) season has begun, with several S&P/ASX 200 Index (ASX: XJO) companies set to hold their AGMs over the next couple of months. 

This gives shareholders the opportunity to see how companies they own or are interested in are performing.

Last week, REA Group Ltd (ASX: REA) hosted its AGM. 

This week, we will hear from several more ASX 200 companies.

9 ASX companies in Macquarie Group Ltd (ASX: MQG)'s coverage universe are set to report. What are Macquarie's price targets on those stocks?

Telstra Ltd (ASX: TLS)

Australia's leading telecommunications company, Telstra, is set to hold its AGM on 14 October. 

Telstra shares have risen 20% for the year to date.

Macquarie has an outperform rating and price target of $5.04 on Telstra shares.

Commonwealth Bank of Australia (ASX: CBA)

Australia's largest bank, CBA, will hold its AGM on 15 October. 

CBA shares have risen 10% for the year to date.

Macquarie currently has an underperform rating and price target of $106 on CBA shares. 

Lottery Corporation Ltd (ASX: TLC)

ASX 200 consumer discretionary stock Lottery Corporation will also host its AGM on 15 October.

Lottery Corporation shares have risen 12% for the year to date.

Macquarie currently has a neutral rating and price target of $5.50 on Lottery Corporation shares.

ARB Corporation Ltd (ASX: ARB)

ASX 200 consumer discretionary company ARB Corporation will hold its AGM on 16 October. 

ARB shares have declined 3% for the year to date. 

Macquarie currently has an outperform rating and price target of $44.90 on ARB shares.

Aurizon Holdings Ltd (ASX: AZJ)

ASX 200 infrastructure stock Aurizon will also hold its AGM on 16 October 

Aurizon shares are flat for the year to date.

Macquarie currently has a neutral rating and price target of $3.34 on Aurizon shares.

Charter Hall Long WALE REIT (ASX: CLW)

ASX 200 REIT Charter Hall Long WALE REIT will host its AGM on 16 October.

Charter Hall Long WALE REIT shares have risen 13% for the year to date. 

Macquarie has an underperform rating and price target of $4.20 on Charter Hall Long WALE REIT shares.

Imdex Ltd (ASX: IMD)

ASX 200 materials stock Imdex will hold its AGM on 16 October.

Imdex shares have surged 54% for the year to date. 

Macquarie currently has a neutral rating and price target of $3.50 on Imdex shares.

Stockland Corporation Ltd (ASX: SGP)

ASX 200 real estate stock Stockland Corporation will hold its AGM on 16 October.

Stockland shares have risen 29% for the year to date. 

Macquarie currently has a neutral rating and price target of $6.16 on Stockland shares. 

Treasury Wine Estates Ltd (ASX: TWE)

Finally, ASX 200 consumer staples company Treasury Wine Estates will also host its AGM on 16 October. 

Treasury Wine shares have fallen 38% for the year to date. 

Macquarie currently has a neutral rating and price target of $8.00 on Treasury Wine Estates shares.

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended ARB Corporation, Macquarie Group, and The Lottery Corporation. The Motley Fool Australia has positions in and has recommended Imdex, Macquarie Group, and Telstra Group. The Motley Fool Australia has recommended ARB Corporation, The Lottery Corporation, and Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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